Real Estate Appreciation for New Haven Milford, Connecticut: +103.08%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze New Haven Milford, Connecticut MSA appreciation it was +103.08% (+ 25.77% yearly) from 1984 to 1987.
During the same time period, CT had + 96.06% (+ 24.01% yearly).
You can see that the New Haven Milford, Connecticut MSA experienced higher appreciation in this case.
New-Haven-Milford-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1984 | 2 | 60.42 | + 1.21% | + 4.82% |
| 1984 | 3 | 63.57 | + 5.21% | + 20.85% |
| 1984 | 4 | 63.31 | - 0.41% | - 1.64% |
| 1985 | 1 | 67.35 | + 6.38% | + 25.53% |
| 1985 | 2 | 69.44 | + 3.10% | + 12.41% |
| 1985 | 3 | 73 | + 5.13% | + 20.51% |
| 1985 | 4 | 77.72 | + 6.47% | + 25.86% |
| 1986 | 1 | 80.79 | + 3.95% | + 15.80% |
| 1986 | 2 | 86.21 | + 6.71% | + 26.84% |
| 1986 | 3 | 93.82 | + 8.83% | + 35.31% |
| 1986 | 4 | 103.08 | + 9.87% | + 39.48% |
| 1987 | 1 | 110.43 | + 7.13% | + 28.52% |
| 1987 | 2 | 115.5 | + 4.59% | + 18.36% |
| 1987 | 3 | 120.69 | + 4.49% | + 17.97% |
| 1987 | 4 | 121.24 | + 0.46% | + 1.82% |
Lets look at Branford, Connecticut, a city located in New Haven Milford, Connecticut MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Branford, Connecticut Refinance, or Branford, Connecticut Reverse Mortgages, you could estimate your home value.
If you knew your Branford, Connecticut home was worth $71,000.00 in 1984, you could multiply by +103.08%, add the gain and see the home should be worth $144,188.27 in 1987. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1984 to 1987:
+ 25.77%
Appreciation Comparisons
The top 5 performing MSAs from 1984 to 1987 were New-Haven-Milford-CT, Providence-New-Bedford-Fall-River-RI-MA, Poughkeepsie-Newburgh-Middletown-NY, Bridgeport-Stamford-Norwalk-CT, and Springfield-MA .
- New-Haven-Milford-CT increased +103.08% from 1984 to the end of 1987
- Providence-New-Bedford-Fall-River-RI-MA increased +102.76% from 1984 to the end of 1987
- Poughkeepsie-Newburgh-Middletown-NY increased + 99.69% from 1984 to the end of 1987
- Bridgeport-Stamford-Norwalk-CT increased + 99.39% from 1984 to the end of 1987
- Springfield-MA increased + 95.46% from 1984 to the end of 1987
In contrast, the worst 5 MSAs from 1984 to 1987 were Lafayette-LA, Casper-WY, Anchorage-AK, Odessa-TX, and Midland-TX .
- Lafayette-LA decreased by - 34.44% between 1984 and 1987
- Casper-WY decreased by - 32.07% between 1984 and 1987
- Anchorage-AK decreased by - 30.04% between 1984 and 1987
- Odessa-TX decreased by - 27.22% between 1984 and 1987
- Midland-TX decreased by - 23.39% between 1984 and 1987
Zip Code in MSA: 6405 - BRANFORD, CT
MSA Pop: 841873Zip Pop: 28670
Avg Value: 171000
County: NEW HAVEN
Elev: 10
Region: Northeast
Lat: 41.27782
Long: -72.7967